Exactly my point. White collar crimes go unpunished because the old boy
network protects itself. -- Kathryn

On Tue, May 27, 2025 at 12:04 PM breton lobner via Mifnet <
mifnet@lists.mifnet.com> wrote:

> Why is it that these DOJ criminal prosecutions only name the
> company/corporation and do not add individual officers and employees of the
> errant company/corporation as additional defendants?  I have never
> understood how a company/corporation forms criminal intent without some
> actual person(s) being at the center of the decisions constituting the
> crime being alleged.  Why shouldn't the responsible officers and employees
> additionally be prosecuted?   It seems the process leaves the door open for
> more wrongdoing which as someone pointed out is a simple cost of doing
> business.  Doesn't Boeing have more than one instance of criminal
> wrongdoing?  The same can be said of Wells Fargo.  If individuals were
> charged with crimes, they might be more careful.  BKL
>
> On Tue, May 27, 2025 at 7:57 AM Kathryn Creedy via Mifnet <
> mifnet@lists.mifnet.com> wrote:
>
>> That includes a criminal monetary penalty of $487 million, minus a credit
>> of roughly $244 million that Boeing had shelled out for earlier penalties.
>> It will also pay $444.5 million into a fund to benefit crash victims’
>> relatives, in addition to $500 million it had paid for the families under a
>> deferred prosecution agreement in 2021.
>>
>> My theory is that management dismisses safety concerns and back them in
>> as the cost of doing business. That's certainly my observation anyway. But
>> $2B + cost of rebuilding it's safety culture, if all these are separate, is
>> a hefty cost for a cavalier attitude about safety. Money aside, what sticks
>> in my craw is management gets off scott free with hefty golden parachutes.
>> I hope the criminal case is not dismissed although I don't know if it will
>> yield any new information.
>>
>> *BIG CHANGE: *The Justice Department said Friday it had reached an
>> agreement to end its felony case against Boeing for the company’s role in
>> the 2018 and 2019 MAX 8 disasters in Indonesia and Ethiopia, which killed
>> 346 people. Oriana and Sam have the story
>> <https://url4027.email.politico.com/ss/c/u001.6g0Zd3AyneOViJYBXgbV65ZWHEH5gWGSDKLrcKzwr3_ZS4DgmqxeouXkU-Vcdy7zSXjzqvehliFx9dtL84vZGYh2Wg2MC1ZoisTmQjH8fJylXXXVbWcvFwrIlGgeOVrFGhz4Ix_EVwes47i8uA0L8zcSsqV2dM1ICUJfUUXvL_8/4gu/HWs3EAlNSQ2WehJzP5Mh2Q/h9/h001.EegaDID1x5PsZDqe-hM1yUBfAPx6pdr_r8BzJyAF8_8>.
>> Under the deal, the plane-maker must spend more than $1.1 billion on fines,
>> safety improvements and compensation for the relatives of those who died.
>> Democratic lawmakers last week assailed the DOJ’s shift.
>>
>> *WHAT MUST THE COMPANY “ADMIT” TO? *Under the agreement, the Justice
>> Department will ask a federal judge to dismiss the case — but Boeing will
>> have to “admit to conspiracy to obstruct and impede” federal regulators.
>> The company declined to comment. DOJ in a statement said: “Nothing will
>> diminish the victims’ losses, but this resolution holds Boeing financially
>> accountable, provides finality and compensation for the families and makes
>> an impact for the safety of future air travelers.”
>>
>> *AWAITING WORD: *Judge Reed O’Connor, of the Northern District of Texas,
>> could dismiss the case ahead of a scheduled trial next month. Victims’
>> families filed a petition with the court Friday to oppose that.
>>
>>
>> https://www.politico.com/news/2025/05/23/justice-department-abandons-biden-era-felony-charge-against-boeing-00366145
>> Cheers -- Kathryn
>> --
>>
>>
>>
>> Kathryn Creedy
>> PHONE # 321 405 4395
>> US-Eastern Time Zone
>> *Twitter*: @kcreedy
>> *Visit me on LinkedIn*
>>
>>
>>
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-- 



Kathryn Creedy
PHONE # 321 405 4395
US-Eastern Time Zone
*Twitter*: @kcreedy
*Visit me on LinkedIn*
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